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What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
In Senegal's capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
NYSE:WPM

Wheaton Precious Metals (WPM) Stock Price, News & Analysis

$41.97
+0.78 (+1.89%)
(As of 03/1/2024 ET)
Today's Range
$41.05
$42.62
50-Day Range
$39.19
$50.45
52-Week Range
$38.37
$52.76
Volume
3.12 million shs
Average Volume
2.39 million shs
Market Capitalization
$19.02 billion
P/E Ratio
35.27
Dividend Yield
1.43%
Price Target
$52.70

Wheaton Precious Metals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
25.6% Upside
$52.70 Price Target
Short Interest
Bearish
3.57% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.48
Upright™ Environmental Score
News Sentiment
0.93mentions of Wheaton Precious Metals in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.18%
From $1.12 to $1.29 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.80 out of 5 stars

Basic Materials Sector

9th out of 172 stocks

Gold & Silver Ores Industry

4th out of 34 stocks


WPM stock logo

About Wheaton Precious Metals Stock (NYSE:WPM)

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 10, 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

WPM Stock Price History

WPM Stock News Headlines

Is silver more precious in 2024 as gold loses luster?
The iShares Silver Trust NYSEARCA: SLV exchange-traded fund has underperformed the SPDR Gold Shares NYSEARCA: GLD over the past year, but is it time for the situation to reverse?
Is silver more precious in 2024 as gold loses luster? (WPM)
Silver mining stocks lag amid crypto and equity rallies, although gold also pulled back. Will silver's industrial uses and affordability spark a turnaround?
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
WPM Mar 2024 48.000 put
Wheaton Precious Metals Corp.
Wheaton Precious Metals' Stock Tanks: Time To Buy?
Wheaton Precious Metals (NYSE:WPM) Lowered to Hold at TD Securities
Silver Demand Set to Meet Second-Highest Level on Record
See More Headlines
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Company Calendar

Last Earnings
8/11/2023
Ex-Dividend for 12/8 Dividend
11/27/2023
Dividend Payable
12/08/2023
Today
3/02/2024
Next Earnings (Estimated)
3/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
Employees
42
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$52.70
High Stock Price Target
$70.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+25.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$669.13 million
Pretax Margin
56.22%

Debt

Sales & Book Value

Annual Sales
$938.62 million
Cash Flow
$1.66 per share
Book Value
$14.85 per share

Miscellaneous

Free Float
N/A
Market Cap
$19.02 billion
Optionable
Optionable
Beta
0.76
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Should I Buy Wheaton Precious Metals Stock? WPM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Wheaton Precious Metals was last updated on Saturday, March 2, 2024 at 11:14 PM.

Pros

Here are some ways that investors could benefit from investing in Wheaton Precious Metals Corp.:

  • Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America.
  • It produces and sells gold, silver, palladium, and cobalt.
  • Recent developments include a name change to Wheaton Precious Metals Corp. in May 10, 2017.
  • Founded in 2004 and headquartered in Vancouver, Canada.
  • Current stock price is favorable for potential investors.

Cons

Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons:

  • Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America.
  • It produces and sells gold, silver, palladium, and cobalt.
  • Recent developments include a name change to Wheaton Precious Metals Corp. in May 10, 2017.
  • Founded in 2004 and headquartered in Vancouver, Canada.
  • Current stock price may not be suitable for risk-averse investors.














WPM Stock Analysis - Frequently Asked Questions

Should I buy or sell Wheaton Precious Metals stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wheaton Precious Metals in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WPM shares.
View WPM analyst ratings
or view top-rated stocks.

What is Wheaton Precious Metals' stock price target for 2024?

12 brokers have issued 12-month price objectives for Wheaton Precious Metals' shares. Their WPM share price targets range from $37.00 to $70.00. On average, they expect the company's stock price to reach $52.70 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price.
View analysts price targets for WPM
or view top-rated stocks among Wall Street analysts.

How have WPM shares performed in 2024?

Wheaton Precious Metals' stock was trading at $49.34 at the beginning of the year. Since then, WPM stock has decreased by 14.9% and is now trading at $41.97.
View the best growth stocks for 2024 here
.

When is Wheaton Precious Metals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our WPM earnings forecast
.

How were Wheaton Precious Metals' earnings last quarter?

Wheaton Precious Metals Corp. (NYSE:WPM) announced its earnings results on Friday, August, 11th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.04. The company earned $264.97 million during the quarter, compared to analyst estimates of $250.73 million. Wheaton Precious Metals had a net margin of 57.03% and a trailing twelve-month return on equity of 6.94%. Wheaton Precious Metals's revenue for the quarter was down 12.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.33 EPS.

How often does Wheaton Precious Metals pay dividends? What is the dividend yield for Wheaton Precious Metals?

Wheaton Precious Metals announced a quarterly dividend on Thursday, November 9th. Investors of record on Tuesday, November 28th will be given a dividend of $0.15 per share on Friday, December 8th. This represents a $0.60 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Monday, November 27th.
Read our dividend analysis for WPM
.

Is Wheaton Precious Metals a good dividend stock?

Wheaton Precious Metals (NYSE:WPM) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.51%. The dividend payout ratio is 50.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WPM will have a dividend payout ratio of 46.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WPM.

What ETF holds Wheaton Precious Metals' stock ?

iShares North American Natural Resources ETF holds 112,445 shares of WPM stock, representing 0.84% of its portfolio.

What other stocks do shareholders of Wheaton Precious Metals own?
Who are Wheaton Precious Metals' major shareholders?

Wheaton Precious Metals' stock is owned by many different retail and institutional investors. Top institutional investors include Capital World Investors (6.77%), First Eagle Investment Management LLC (4.66%), Van ECK Associates Corp (4.53%), Vanguard Group Inc. (3.64%), FIL Ltd (2.35%) and Norges Bank (1.73%). Insiders that own company stock include Chantal Gosselin, Curzio Domenico Bernardi, Douglas Martin Holtby, Eduardo Luna, Gary Duncan Brown, Haytham Henry Hodaly, John Brough, Patrick Eugene Drouin, Randy Smallwood and Randy V J Smallwood.
View institutional ownership trends
.

How do I buy shares of Wheaton Precious Metals?

Shares of WPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WPM) was last updated on 3/2/2024 by MarketBeat.com Staff